Defense: Morocco & U.S. agree to work together against challenging security issues in Africa

Morocco and the Pentagon have agreed to continue to work together on counterterrorism, maritime security in the Mediterranean, and other pressing security issues on the African continent. The agreement was reached during the 12th U.S.-Morocco Defense Consultative Committee (DCC) held in Washington Nov.7-8 under the co-chairmanship of Under Secretary of Defense for Policy Dr. Colin […]

After Turkey, Morocco set to curb trade deficit with Tunisia, Egypt

Morocco has taken steps to renegotiate a free trade deal with Tunisia and Egypt to protect its own industrial fabric and protect jobs after it took a similar move to balance its trade deficit with Turkey. Aujourd’hui le Maroc reported that Morocco plans to renegotiate the tax imposed on a list of goods including textile, […]

Egypt signs $13m contracts with three gold mining companies

Egypt has given five new gold exploration contracts worth $13 million to three mining companies in the back of 11 others. The contracts, Arab Finance reports citing a cabinet statement, include a $9 million (EGP 141.49 million) agreement with Canada’s Lotus Gold to explore 11 blocks; a $3 million (EGP 47.16 million) deal with Mining […]